Learning path
Reading the order flow
put the order book, the trades and the liquidations side by side and read them together.
Order flow is how the market moves through its orders. Three tabs show it from three sides. The order book shows what is waiting to trade. The trades tape shows what actually traded. Liquidations show positions that were forced to close. Read together, they give you a fuller picture than any one of them. This path puts them side by side in one workspace, then adds the two heatmaps. Market data, not advice.
Start here
- How to read a crypto order book in the Orderbook tab: bids and asks merged from the exchanges you choose. Look at the size near price, and click a row to see which exchanges stand behind it.
- How to use the Trades tab: the time and sales tape. Filter by side and by minimum size so the large prints stand out.
- How to track live liquidations in the Liquidations tab: forced closes, longs in red and shorts in green. Set a minimum size and watch which side is being closed.
- How to read a liquidity heatmap in the Orderbook Heatmap tab: where resting size sat over time. It shows where liquidity sat and how big, not what price will do.
- How to read the Orderbook Profile: horizontal bars beside the heatmap that show resting size at each price level.
- How to read a liquidation heatmap: modeled liquidation levels. They are estimates, not real orders.
- How to save and load coin lists: save a coin and exchange setup so the next session starts in one press.
- How to open details in the side panel (detail dock): open the detail of a row or a level without leaving the tab.
- How to read a crypto order book in the Orderbook tab10 min
- How to use the Trades tab7 min
- How to track live liquidations in the Liquidations tab9 min
- How to read a liquidity heatmap in the Orderbook Heatmap tab8 min
- How to read the Orderbook ProfileRead resting size by price level as bars beside the chart, live or summed over a window you choose.6 min
- How to read a liquidation heatmapAdd the Liquidation Heatmap layer to a chart and read the modeled levels against price.7 min
- How to save and load coin lists3 min
- How to open details in the side panel (detail dock)Open the full detail of a row, level, story or event in a side panel, then close it to return.2 min
By the end you have one workspace with the book, the tape and the liquidations on the same coin. Start with one coin you know, such as Bitcoin, and keep the tabs the same size so you can compare them by eye. Check order book depth and liquidation in the glossary if a term is new.